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Billionaire income tax, Bergdorf Goodman, Watches & Wonders, Lamborghini and fashion gaming

The Biden Administration is announcing plans for the FY2023 budget on March 28. Image credit: The White House

 

Luxury Daily’s live news for March 28:

Biden proposes new tax aimed at billionaires
President Joe Biden’s administration has introduced a proposal for a new minimum income tax, called the “Billionaire Minimum Income Tax,” that would target American billionaires.